Get started

Btcweekly

BTC USDT 1W Shorthello everyone. Due to the following reasons, I predict a downtrend of Bitcoin in the Weekly time frame : 1- as you see from now 2022 until aug 2024 , price and volume trend is opposite. 2- Mfi has moved below the 50 line. 3- in large channel we can see that price can move down at least to midline ( about 54000) and in the other zones ( 48 , 42 , 32 ) 4- in small channel we can see that the price easily can move down to about 48. As you know the market has no definite trend but in my idea , probability of a downtrend is greater than the probability of an the probability of an uptrend.
Short
by omidesf
BTC Weekly Analysis - Will the price fall to $25,000?BTC has made contact with the top of the Weekly Bull Channel and has come up against some resistance. In my previous 4HR analysis, I showed the potential for a measured move from the 4HR Bull Channel to the Weekly Bull Channel Resistance, we have reached that price of about $38,000. Where do we go from here? Key Points 1. Bull Channel means we should always be Long. 2. Bitcoin has touched Weekly Channel Resistance 3. Wait for the weekly candle to close below the channel top 4. There is a gap between the current price and 30EMA/200EMA 5. RSI is overbought. A weak indicator on its own but supports #2-#4. Before trading this chart, the weekly candle needs to close tomorrow to confirm whether or not we are breaking out of the bull channel. I remain neutral until we see that result; however, I am slightly more bearish on the price given #2-#5 of the key points. Also refer to my BTC lifetime analysis where I argue that before every new all-time high, BTC touches lifetime support. We have not yet made contact with lifetime support and believe we have one more fall to $20,000-$25,000 before new all-time highs. As always, trade at your own risk, you are responsible for your trades. I hope this analysis was insightful and useful. Trade wisely and let us know what you think in the comment section below!
INDEX:BTCUSD
by TraderEngineering
BTC 1W ✅Possible path ⠀⠀⠀⠀⠀⠀⠀⢀⣠⣤⣴⣶⣶⡦⠤⠤⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⢰⣿⣛⣉⣉⣉⣩⣭⣥⣤⣤⣤⡤⢀⡀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠈⠀⠉⠉⠁⠀⠀⠀⠀⠀⠀⠈⠉⢢⠆⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⢀⠤⠤⠤⠄⢀⣀⣀⣀⡘⡄⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀⡠⠐⠁⠀⠀⠀⠀⡀⠀⠀⢴⣶⣧⡀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⡠⠊⠀⠀⠀⠀⠀⠀⠀⠹⡄⠀⠨⣿⣿⣷⡄⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠀⡸⠁⠀⠀⠀⠀⠀⠀⢰⠀⠀⠙⣤⣶⣿⣿⣿⣿⡄⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⡐⠁⠀⠀⠀⠀⠀⡠⣴⠾⣷⡆⠀⢿⣿⣿⣿⣿⣿⣧⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⠇⠀⠀⠀⠀⠀⠀⠀⠀⠀⢀⣧⣴⡄⢻⣿⣿⣿⣿⣿⠀⠀⠀⠀ ⠀⠀⠀⠀⢸⠀⠀⢠⠀⠀⠀⠀⠀⠀⠈⠉⢉⠿⢿⣆⢿⣿⣿⣿⣿⡀⠀⠀⠀ ⠀⠀⠀⠀⠎⠀⠀⣿⡄⠀⠀⠀⠀⠀⠀⠘⠋⢛⣟⠛⠃⠙⠻⠿⣿⡇⠀⠀⠀ ⠀⠀⠀⢸⡄⠀⠀⡘⠋⠉⡀⢠⣾⡰⢶⣶⡖⠁⣤⣳⣿⣶⢶⣶⡌⠳⠤⣀⣀ ⠀⠀⠀⢸⢠⠀⢀⣿⣿⣶⣿⣿⣿⠇⠀⠁⣷⣄⣈⣙⣛⣿⣿⣿⡲⡒⠒⠒⠊ ⠀⠀⠀⠀⣿⣾⣿⣿⣿⣿⣿⣿⡟⠀⠀⣰⣿⣿⣿⣿⣿⣿⣿⣟⣿⣶⡄⠀⠀ ⠀⠀⠀⢠⣿⣿⣿⣿⣿⣿⣿⣿⣇⠀⠐⣿⠿⣿⣿⣿⣿⡿⠋⠀⠙⣿⡇⠀⠀ ⠀⠀⠀⣿⣿⡿⠁⠸⣿⣿⣿⣿⣿⣦⠸⠋⢸⣿⣿⣿⡿⠁⠀⠀⠀⢸⣷⡀⠀ ⠀⠀⠀⣻⣿⡇⠀⠀⠀⣹⣿⡿⢻⣿⢠⡀⠸⣿⣿⣿⣧⠀⠀⠀⠀⠘⣿⣧⠀ ⠀⠀⢠⠉⣿⠇⠀⠀⢰⠋⣿⣰⣁⡟⠀⠁⢼⣿⡿⠿⠏⠀⠀⠀⠀⠀⠋⠟⠀ ⠀⠀⢰⣿⠋⠀⠀⠀⢀⣿⡏⠛⠐⠁⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⣾⡇⠀⠀⠀⢀⠎⢹⠃⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠜⢹⡇⠀⠀⠀⠾⣶⡾⠃⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠮⣿⠿⠁⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀
Long
by KASRA_GT
BTCUSDT warning!In February 2020, Bitcoin experienced a falling wedge pattern and subsequently experienced a 60% increase from it's low. However, it encountered resistance at the $10,000 level and subsequently experienced a 61% decrease. Currently, a similar pattern is emerging, with Bitcoin experiencing a 60% increase from its current low. If it again encounters resistance at the $25,000 level, it is possible that it may repeat the same pattern as in February 2020. Therefore, it is important for Bitcoin to breach the $25,000 level to invalidate this fractal. What is your opinion on this matter?
BITFINEX:BTCUSD
by ARS-ALGO
2
BTC CME Weekly Breaks 200 EMABTC IS way overbought on the daily time-frame, but on CME Weekly Chart Overbought is not hit till $29955 and trading above the top side Bollinger Band on the Weekly which still shows strength. Just Crossed the Weekly 200 EMA today on CME. but... BTC Daily did kiss the 200 Simple today, so... pull-back to the 23.6 or 38.2 could be expected, below 38.2 watch for point of control at $19150 approx... on TradingView.. Chefrusty will publish my convoluted chart
CME:BTC1!Long
by Chefrusty
BITCOIN WEEKLY UPDATE !!Hello, welcome to this BITCOIN WEEKLY update by CRYPTO SANDERS. CHART ANALYSIS:-Bitcoin weekly candle closed above the descending trendline resistance. Bulls reclaimed 2017 bull run highs after bouncing off historic trendline support, demonstrating bull strength. The current short-term resistance is near the $23,500 level. A retest above the descending trendline or making a higher low could also be a possible scenario. A solid breakout above $23,500 or a successful retest of the descending trendline will confirm the continuation of the market's bullish momentum. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
BITSTAMP:BTCUSD
by CryptoSanders9563
2
$BTCUSD – Price and Volume Contraction On Weekly Chart$BTCUSD (Bitcoin / USD) – Price and Volume Contraction On Weekly Chart Continue to Reflect Bearishness Bitcoin ($BTCUSD) posted a substantial gain of of +5.38% for the week, successfully reclaiming three of its key moving averages during week (10, 20, and 50-day moving averages). $BTCUSD’s Bearish Pennant pattern is violated but with price consolidation and volume contraction remaining in its weekly chart, a longer term Bearish Flag channel is now morphed out, prompting the risk of a a further accelerated sell off in near term remains. The level of support to watch for $BTCUSD this week is revised up to $18,800, a level that undercuts the existing three key moving average that was recaptured. Bull Case: Violation of existing Bearish Flag channel at $22,000. Bear Case: Breakdown of $18,800, a level that undercuts the existing three key moving average that was recaptured. Next support level at $18,157.
BITSTAMP:BTCUSDLong
by jfsrevg
1
BTC weekly zoomed in...take a look!BTC weekly chart: I called this as the bottom and published on Trading View on the exact morning of that day. I believe BTC has had that bottom "unless" a black swan event were to occur like MT GOX release of all the BITCOIN, but looking at the chart and staying true to what data the BTC chart is giving me, the RSI has never been oversold at that bottom quite that low as well as the "BTC SUPER CYCLE INDICATOR" read MARKET BOTTOM and the DeMARK 9 INDICATOR also showed high probability it was the bottom....The Fear and Greed chart also showed a BOTTOM and had to move up. that being said, BTC is still holding the Bullish ascending trendlne and even tho its like a Bear flag, the RSI is also holding support and just came from the furthest oversold position in history.
BITSTAMP:BTCUSDLong
by bylerzone
2
Bitcoin Weekly Chart Analysis WARNINGHi guys I was looking at the weekly chart for bitcoin and I noticed something on the rsi. A huge hidden bearish divergence can be seen from last year's top to this year's top. I am still very bullish on bitcoin and do hope that this does not affect the price action of bitcoin in the following weeks to months even though we have had a massive break out to the 40k levels. Just a warning to be cautious. Just wanted to point that out in the case bitcoin dumps back down lower.
Short
by yoyokenwan
1
#BTC/USDT WEEKLY UPDATE BY CRYPTOSANDERSWelcome to this quick BTC/USDT WEEKLY analysis in the chart I have tried my best to bring the best possible outcome in this chart. Hello folks, Welcome to our Btc/Usdt weekly update, as we can see a rising wedge pattern create that from 15th March 2021 to 10th May 2021 btc was in an uptrend and from 10th May 2021 to 12th July 2021 was in downtrend. After that Btc bounced on 19th July and moved up till 8th November 2021. After that, we saw some correction in the market and a downtrend till 17th January 2022. After the 17th Jan market is still in a sideways move. According to the current scenario, I think Btc will move in a sideways trend till 21st March 2022. After that, we can see bullish movement which can continue till 11th July 2022 according to this chart and also can claim the new ATH. As we all know that in 2024 btc halving is going to happen. so we can assume that the market will bounce on the 3rd week of March and we can see a good rally. This is not a piece of financial advice. Sorry for my English it is not my native language. Do hit the like button if you like it and share your charts in the comments section. thank you.
by CryptoSanders9563
8
BTC Weekly, The Bottom Isn't In.BTC Weekly not showing us any sign of a reversal just yet, the Blue wave momentum indicator hasn't printed a buy signal just yet and is almost hit the oversold area. This bullish support is the last line of defense for the bullrun IMO. That is the worst case scenario for BTC to come and retest before a reversal. Otherwise we have to accept the fact we are in a bear market and look to start setting up shorts in the market. And if we do come this low I will be looking to buy large position of BTC with a SL around 27k. The VPVR is showing a massive support where we are, but as the Market Makers are in control they love to dip outside the support and liquidate longs. So I am not going to be surprised by a 29k BTC wick down. Not Financial Advice. Crypto is extremely risky right now. DYOR. Use Risk Management please guys.
by UnknownUnicorn15302902
BTC Weekly Update! Bullish Close!Checking out our weekly Bitcoin chart we are still trailing to the downside but we actually had a bullish close on sunday, we managed to climb up and above the 49K mark where we had our weekly close, we have since fallen down below this level but thats not very crucial, we have another whole week to make progress moving back to the upside We just missed out on closing above the 51K level, both last weeks candle and this weeks have wicked up and above the 51K which is a good sign and i wouldn't be surprised to see us make a push for closing above here next sunday! Another good sign that i noticed is we are trading inside of a bullish pennant which historically leads to breakouts to the upside. We are pretty close to the apex point and could see a breakout soon but i would say the longest period before we get that true breakout would be a few weeks, thats the maximum time period before we would be forced to breakout, now we could see some crazy momentum this week which brings us to a breakout point this week but we must confirm with a weekly close above the pennant. We have wicked multiple times above the pennant and even had a false breakout awhile ago so we are effectively weakening the resistance every time we do so, if we were to breakout this week we would be looking at an incredibly bullish close due to the top of the pennant lining up directly above the 51K resistance! Now the EMA ribbons, this indicator even on the daily is a very slow mover but powerful indicator, it shows the bullish or bearish momentum we have over a longer stretch of time. On the Weekly this indicator is very powerful and is still pointing to heavy bull momentum shown by the green ribbons ontop, when things get bearish we see these ribbons squeeze really tight before then flipping to red ontop, and i personally would say we are a far ways away from that happening, what we want to see is the ribbons start to point upwards and begin to spread out even further carrying price action with tons of bull momentum! Now the Wavetrend, keep in mind this is slow but powerful due to us being on the weekly timeframe, we are approaching the midline on this downwards wave but things are starting to look really good, we seem to be flattening out along the midline which is getting me thinking we are getting ready for a reversal and a push into a next bullish wave, the red crosses are getting closer and closer to our actual wave which is what we wanna see in this scenario, and eventually we gotta see that wave cross overtop of the red crosses and that is when we can confidently say we are in the midst of a reversal! Overall looking bullish on the BTC weekly and could be seeing a strong breakout any day/week now with a maximum of 3 weeks before we see a true breakout! Not financial advice just my opinion!!
COINBASE:BTCUSDLong
by JacobR905
BTC closed around 46.6k and looks good to me on weekly chart!!Technical Analysis: Bitcoin (Weekly chart UPDATE):- BTC closed around 46.6k and looks good to me on weekly. We might see a wick down to liquidate the remaining longs and push to the upside from there. Reclaiming the 50D MA is what BTC needs in the next candle close. btc make an ascending tringle and its playout very well, btc now down at lower support and try to rebuild another leg upside and RSI also making bearish Divergence which playout right now as well as retested the pervious trend line !! First time since 27th April 2020, Weekly Candle Closed Below the MA50 Now, All Eyes on 44k Crucial S/R Level If Bitcoin Bulls lost the 44k S.R As Well, Bitcoin Might Retest the 29k Support in January 2022. In Bullish Case, If Bitcoin Remains Above the 44k Support, Bitcoin Might Bounce Back towards the 60-61k Area 🥰If you find this helpful and want more FREE forecasts in Tradingview😍. Please show your support back🙏, Hit the 👍 LIKE button, Drop some feedback below in the comment✍️! ❤️🤝 Your Support is very much 🙏 appreciated!❤️🤝 💎 Want me to help you become a better Crypto trader? Now, It's your turn! Be sure to leave a comment; let me know how you see this opportunity and forecast. Trade well, 💪 #bitcoin #crypto #nextmove #bearmarket #sideways #btcusdt #weeklyclosed
by Bitking786
2